TORONTO, July 31, 2025 — Aviva has appointed Navinder (“Nav”) Dhillon as the new CEO of Aviva Canada, effective August 1, pending regulatory approval. In […]
Author: Editorial Team
Payments Canada Advances Real-Time Rail and Strengthens Advisory Council for Future-Ready Payment Ecosystem
TORONTO, July 2025 — Payments Canada is making significant progress in modernizing the nation’s payment infrastructure with notable updates to its Real-Time Rail (RTR) payment […]
CIBC Named a Top Workplace for Disability Inclusion in 2025
TORONTO, July 25, 2025 — CIBC has earned a top score on the 2025 Canada Disability Index®, officially recognizing the bank as one of the […]
UPI Hits Record 19.47 Billion Transactions in July, Logs ₹25 Lakh Crore in Value
India’s flagship digital payments platform, Unified Payments Interface (UPI), achieved a record-breaking 19.47 billion transactions worth ₹25.08 lakh crore in July 2025, as per the […]
SEC Appoints First Chief AI Officer, Launches Task Force to Drive AI Integration
The U.S. Securities and Exchange Commission (SEC) has established a dedicated Artificial Intelligence Task Force to accelerate the integration of AI across its operations. Valerie […]
RBC’s ATOM AI Model Redefines Banking with Hyper-Personalized Client Insights and Scalable Intelligence
TORONTO, July 29, 2025 — Royal Bank of Canada (RBC) has announced significant progress in its AI journey with its proprietary foundation model, ATOM (Asynchronous […]
Mastercard CEO Backs Open Banking as Global Trend, Emphasizes Consumer Data Rights
Mastercard CEO Michael Miebach has voiced strong support for the global open banking movement, calling it a “winning proposition over time” that empowers consumers through […]
EY and ACCA Release Framework to Boost Trust in AI Through Rigorous Assessments
As artificial intelligence continues to transform industries, a new policy paper by Ernst & Young (EY) and the Association of Chartered Certified Accountants (ACCA) outlines […]
RBC Deploys Proprietary AI Model ‘Atom’ to Revolutionize Credit and Loyalty Programs
The Royal Bank of Canada (RBC) has launched a proprietary AI foundation model, Atom (Asynchronous Temporal Model), developed by its Borealis AI research unit, to […]
Canada’s Real-Time Rail Nears Completion, Testing Phase Set for Autumn
Canada’s Real-Time Rail (RTR) payment system is entering its final stages, with the technical build nearly complete and testing scheduled for autumn. Developed as a […]